Dear esteemed members,
I have a query on the topic and the facts are given under.
An Indian individual who is non resident within the meaning of IT Act (since he is residing in
Now he wants to sell the HP and wants to purchase another HP in
Apart from Long term capital gain that would arise to a resident had the transaction taken by him, is there any other income tax implication since he is a non resident.
Please elaborate the reply.
Regards
Sujit Talukder